yes mate you are right and its obviously a decision each investor will make as an individual.
However other considerations are required. Can the $80K required to exercise provide a better return elsewhere? Are you going to put good money after bad? If they SP is still below 3.5c by Feb 22 have you got the confidence to sink more funds in? Do you lose confidence in management?
Al I am trying to say is it's not a black and white decision and that is based on 1.5c TNRO average. I am sure some people have a much higher average.
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Mkt cap ! $11.64M |
Open | High | Low | Value | Volume |
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5 | 6841786 | 0.006 |
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10 | 8566753 | 0.003 |
Price($) | Vol. | No. |
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